Boiler Room: The Official Stock Market Discussion

chineebai

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We sitting on sidelines til cpi? I may get left in the dust sitting here :to:
i got some calls on friday and it paid off big time today. Still holding some spy and qqq. i like the spy 391 support so I think 395 isn't out of the question, just my opinion. Not trading advice. tight stop at 391. Resistance at the 393.5 gap so far.
 
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chineebai

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I know this sounds simple but if you trade, you have to maximize your winnings and minimize your losses. All successful traders that I know have a solid plan in place before a trade even takes place. They set tight stops, limit losses, and when things run in their direction, they maximize those opportunities. Most of my winnings tend to be a few big winners but the losses outnumber the winners but they are very minimize because I always have stops.
 

Doomsday

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:mjlol:Ate off CVAC today. 25%.

:mjlol:APRN is a daytraders dream right now as well. It drops to .70 then jumps to .77 and back down. Consistent 10% gains.
 
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